Sold Prices · DLD Data
Palace Tower
Nadd Hessa, Dubai · Silicon Oasis
AED 886
Avg Price / sqft
AED 669K
Avg Sale Price
33
DLD Sales Recorded
8%
Est. Gross Yield
Market snapshot
Palace Tower — the numbers
Palace Tower is a residential building in Nadd Hessa, Dubai with approximately 16 units. Dubai Land Department records show 33 sales in the building, at an average price of AED 669K — around AED 886 per square foot.
Since January 2026, 32 sales completed in Palace Tower, with the average price per square foot moving from AED 734 to AED 973 (+32.5%). That upward drift suggests sellers currently hold pricing power here.
Benchmarked against average residential rents in Nadd Hessa, a typical unit in Palace Tower returns an estimated 8% gross rental yield before service charges — a useful starting point for investors comparing towers across Nadd Hessa.
Figures are from Dubai Land Department transaction records for Palace Tower; individual units vary by floor, view and finish. Gross yield is estimated against average Nadd Hessa residential rents, before service charges.
Price trend
Price trend in Palace Tower
Average sale price per sqft by month since January 2026 (single-sale months excluded)+32.5%
Unit types
Prices by unit type
Studio
AED 421K
AED 976/sqft
18 sales · last 12 months
1 Bed
AED 587K
AED 726/sqft
3 sales · last 12 months
2 Bed
AED 856K
AED 864/sqft
6 sales · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 05 Oct 2026 | Sales | 0 | 344 | AED 395K | AED 1,149 |
| 05 Oct 2026 | Sales | - | 1,777 | AED 1.5M | AED 844 |
| 01 Oct 2026 | Sales | 0 | 470 | AED 435K | AED 925 |
| 11 Sept 2026 | Sales | 2 | 990 | AED 840K | AED 848 |
| 21 Aug 2026 | Sales | 2 | 990 | AED 860K | AED 869 |
| 20 Aug 2026 | Sales | 0 | 344 | AED 390K | AED 1,135 |
| 21 Jul 2026 | Sales | 0 | 459 | AED 445K | AED 969 |
| 17 Jul 2026 | Sales | 0 | 472 | AED 320K | AED 678 |
| 14 Jul 2026 | Sales | 0 | 431 | AED 400K | AED 927 |
| 09 Jul 2026 | Sales | 0 | 431 | AED 460K | AED 1,067 |
| 03 Jul 2026 | Sales | 0 | 470 | AED 470K | AED 999 |
| 26 Jun 2026 | Sales | 1 | 826 | AED 555K | AED 672 |
| 08 Jun 2026 | Sales | 0 | 482 | AED 418K | AED 867 |
| 20 May 2026 | Sales | 0 | 459 | AED 407K | AED 887 |
| 05 May 2026 | Sales | 2 | 990 | AED 880K | AED 889 |
| 30 Apr 2026 | Sales | - | 1,574 | AED 1.4M | AED 858 |
| 15 Apr 2026 | Sales | 0 | 482 | AED 470K | AED 976 |
| 15 Apr 2026 | Sales | 0 | 431 | AED 450K | AED 1,043 |
| 07 Apr 2026 | Sales | 1 | 826 | AED 595K | AED 720 |
| 06 Apr 2026 | Sales | 2 | 990 | AED 840K | AED 848 |
About the area
Palace Tower is in Dubai Silicon Oasis
Dubai Silicon Oasis is a strategically designed master-planned community that harmoniously blends residential and commercial spaces, making it an ideal locale for both families and professionals. Developed by the Dubai Silicon Oasis Authority, this community is characterized by its focus on technology and innovation, providing a unique environment that fosters both living and working.
Explore the Dubai Silicon Oasis area guideNearby
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Silicon Gate 1
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Arabian Gate
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FAQ
Palace Tower: frequently asked questions
What is the average price in Palace Tower?
The average recorded sale price in Palace Tower, Nadd Hessa is AED 669K, around AED 886 per square foot, based on Dubai Land Department transaction data.
Are prices in Palace Tower going up or down?
Average sale prices in Palace Tower have risen +32.5% per square foot since January 2026, across 32 DLD-recorded sales.
What rental yield can I expect in Palace Tower?
Based on average Nadd Hessa residential rents against sale prices in the building, a typical unit in Palace Tower yields roughly 8% gross per year, before service charges and fees.
How many properties have sold in Palace Tower?
33 sales have been recorded in Palace Tower according to DLD data, across approximately 16 units.
Considering Palace Tower?
Get honest, DLD-backed guidance on pricing, yields and availability in Nadd Hessa from Binayah's advisors — no pressure, just the numbers.